Industry Advancement Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,332 | 83,957 | 13,375 | 192.4 | 0% |
| 2012 | 145,509 | 139,382 | 6,127 | 122.1 | 0% |
| 2013 | 205,610 | 101,676 | 103,934 | 170.7 | 0% |
| 2014 | 58,437 | 70,912 | −12,475 | 254.1 | 0% |
| 2015 | 284,987 | 311,682 | −26,695 | 52.2 | 0% |
| 2016 | 171,058 | 185,928 | −14,870 | 91.6 | 0% |
| 2017 | 176,582 | 169,027 | 7,555 | 104.2 | 0% |
| 2018 | 135,513 | 46,564 | 88,949 | 405.0 | 0% |
| 2019 | 174,336 | 244,221 | −69,885 | 74.4 | 0% |
| 2020 | 125,221 | 134,624 | −9,403 | 136.9 | 0% |
| 2021 | 151,590 | 92,561 | 59,029 | 229.6 | 0% |
| 2022 | 64,490 | 72,176 | −7,686 | 233.0 | 0% |
| 2023 | 64,380 | 101,585 | −37,205 | 171.7 | 0% |
In its most recent public year (2023), this organization spent $37,205 more than it brought in. Its reserves stood at about 171.7 months of spending, down from 192.4 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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